The Location
6750 W Sunset Blvd sits in the Hollywood Submarket, one block west of Highland Ave and on the Sunset Strip. Daytime employees within one mile total 42,308. Population within one mile is 63,419, with a median household income of $73,505. The three-mile ring - 344,552 residents and a $80,477 median income.
Chick-fil-A is the Tenant
The building is a one-story, 2,180 SF retail pad, built in 1994, currently configured for fast-food use. It sits on 17,860 SF of lot.
What an Operator Sees
$2,867 a foot for a Chick-fil-A
For 2,180 SF of fast food on Sunset
Twenty years. Then they sold.
I don't have a rent roll.
I don't have a broker who will talk to me about it.
I'm keeping the dollar-per-foot.
I'm researching the market to make better investment strategies. I'm sharing what I find along the way with other investors to have discussions, debates and help make better decisions.
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Property and transaction data: CoStar Research.
